NOT LISTED FOR SALE

Estimated Value: $2,866,000 - $3,198,000

5 Beds
7 Baths
6,950 Sq Ft
$436/Sq Ft Est. Value

Last Sold March 26, 2019

Last sale price $2,240,000 $322 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $17,454/month

159 Days on Market

Highlights

  • Home Theater
  • City Lights View
  • Fireplace in Primary Bedroom
  • In Ground Pool
  • 26,088 Sq Ft lot
  • Contemporary Architecture

About This Home

As of March 2019

Cloverdale is an extraordinary spacious 6,950 sq. ft. custom built estate on a sprawling 26,088 sq. ft. double lot in Prestigious Baldwin Hills! Beautiful city views throughout the home and property. This home is just perfect for a large family who likes to entertain in style. Included are 5 Bedrooms and 7 Bathrooms, a Home Theatre, Elevator, large Pool w/Jacuzzi, and 2-2 car garages. Main level features a Grand Foyer, Living Room w/FP, Office, Master Bedroom w/FP, all w/Spectacular City Views. Main level is completed with Family Room w/FP, Guest Bath, spacious Kitchen w/loads of cabinets, breakfast nook, butler's pantry. Spacious private Master Bedroom Suite has large spa tub, His & Her Bathrooms w/generous walk-in His & Her Closets. Lower level consists of Home Theatre and large Billiard/Game room w/wet bar. From Billiards/Game Room access the rear yards' exquisite Pool & Jacuzzi area with unparalleled city views. This estate is beautifully landscaped and has many custom features.

Last Agent to Sell the Property

Steven Myers

SBM Companies, Inc. License #00868628 Listed on: 07/31/2018

Co-Listed By

AFI Tamakloe

SBM Companies, Inc. License #00887339

Last Buyer's Agent

Steven Myers

SBM Companies, Inc. License #00868628 Listed on: 07/31/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,205

Year Built

  • Built in 2005

Lot Details

  • 0.6 Acre Lot
  • Property is zoned LAR1

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,950 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Home Gym
  • City Lights Views
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 5029-038-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,205

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 6950
  • Probate: Yes
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Ceramic Tile, Travertine
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Cable, Dishwasher, Elevator, Garbage Disposal, Network Wire, Range/Oven, Refrigerator
  • Price Per S Q F T: 344.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5029-038-002
  • Geocode Override: No
  • Lot Size Area: 26088

Rental Info

  • Court Approve: No

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Mar 11, 2019
Sold by
Dismuke Melanee E
Bought by
Farwell Baron
Seller's Agent
Steven Myers
SBM Companies, Inc.
Buyer's Agent
Steven Myers
SBM Companies, Inc.
List Price
$2,495,000
Sold Price
$2,240,000
Premium/Discount to List
-$255,000
-10.22%
Total Days on Market
159
Current Estimated Value
$3,032,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$792,000
Avg. Annual Appreciation
5.05%
Original Mortgage
$1,792,000
Outstanding Balance
$1,581,832
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$1,489,668

Purchase Details

Closed on
Dec 10, 2003
Sold by
Simmons Robert Leon
Bought by
Simmons Robert Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,500
Interest Rate
6.03%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farwell Baron $2,240,000 Lawyers Title
Simmons Robert Leon -- United Title Company Orange
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farwell Baron $1,792,000
Previous Owner Simmons Robert Leon $750,000
Previous Owner Simmons Robert Leon $747,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2019 03/26/19 Sold $2,240,000 -6.5% $322 / Sq Ft
01/06/2019 01/06/19 Pending -- -- --
11/06/2018 11/06/18 Price Changed $2,395,000 -4.0% $345 / Sq Ft
11/05/2018 11/05/18 For Sale $2,495,000 0.0% $359 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $2,495,000 -13.2% $359 / Sq Ft
07/31/2018 07/31/18 For Sale $2,875,000 -- $414 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,205 $937,031 $669,309 $267,722
2024 $11,205 $918,659 $656,186 $262,473
2023 $10,990 $900,647 $643,320 $257,327
2022 $10,479 $882,988 $630,706 $252,282
2021 $10,359 $865,676 $618,340 $247,336
2019 $2,043 $669,147 $35,023 $634,124
2018 $8,010 $656,028 $34,337 $621,691
2016 $7,679 $630,554 $33,004 $597,550
2015 $7,567 $621,084 $32,509 $588,575
2014 $7,599 $608,919 $31,873 $577,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-370642

The MLS

APN: 5029-038-002